Minimal effort means avoiding work

Estimated reading time: 2 minutes, 23 seconds.

EntreGurus-Book-10-Minute Reflections-Graham BinksTODAY’S IDEA: Minimal effort means avoiding work

— From 10-Minute Reflections: One Month Of Daily Exercises That Will Spark Growth In Your Business by Graham Binks

This book is a very quick read of daily exercises to make us think about business in a different way. The author, Graham Binks, is an expert in helping businesses get the best out of their technology investments. He has worked with numerous business leaders, who often ask, “How do we know we’re doing enough?” To what his answer is, “Start by making sure you’re not doing too much.”

Whaaaaaat?!

Yes. To optimize processes, you and your team need to be doing the minimal effort necessary. But please note that this doesn’t mean a mediocre effort at all—on the contrary—it means the best effort without wasting any of it. Thus, avoiding work that turns out to be unnecessary and wasteful, and that could be geared to other productive efforts instead.

Binks shares that when you are planning a successful outcome and think through the steps required in the process, you’ll naturally go from start to finish. And when you’re repeating work that someone in your team has done in the past, they can vouch for the steps taken previously.

“But if you haven’t perfected this kind of work (or your team hasn’t experienced it at all), there’ll be guesswork in the plan. And with guesswork comes extraneous effort.” In his experience, Binks has seen many plans that specified work that turned out to be detached from the critical outcomes of the project.

Thus, he offers a simple review exercise for you and your team “to make sure your projects aren’t wasteful.” This works best with projects when the planning phase is nearly finished—before the actual work starts—or you can apply it as a debriefing exercise on finished projects to see what will work best in the future.

Exercise: Being Minimalist

1. List the 10 project activities that took the most effort to complete in the following way:
#1 _________________ Rank___ Skip?___
#2 _________________ Rank___ Skip?___
Etc.

2. Above, rank these activities by their importance to the project outcome—highest contribution to lowest.

3. Starting with the lowest ranked activity, ask whether the project would have been a success if this activity had been skipped.

If the answer is “Yes!”, congratulations. You’ve found an activity that is not required on the plan. Take it out and save everyone time and energy. Then repeat the exercise with the next activity up the list.

Sometimes, what seems to be a simple exercise can reveal profound inefficiencies. Hope this helps optimize your projects and simplify your effort for a better outcome!

ACTION

TODAY: Think of a project you’re about to start or one that you repeat often. Go through this exercise to find the optimal path to completion.

FUTURE: As you’re planning for projects, or as you finish them, go through this exercise to make sure you’re not doing too much (avoiding wasteful efforts) and your project is running as optimally and as smoothly as possible!

Know someone who needs to optimize their projects? Please share this post via emailFacebook or Twitter, thank you!

Learning from Dad

Estimated reading time: 3 minutes, 12 seconds.

EntreGurus-Book-What Made Me Who I Am-Bernie SwainTODAY’S IDEA: Learning from Dad

— From What Made Me Who I Am by Bernie Swain

Happy Father’s Day!

Whether you a father, love a father, father a beloved pet, or father a project or an idea, I hope you have a fantastic day with your loved ones!

Today I’ll share a father story from a book that I love: What Made Me Who I Am by Bernie Swain. The book is a collection of stories—some happy, some sad, but all beautiful, inspiring and moving—that leaders, heads of state, athletes, business executives, and public figures have told the author. Swain is the cofounder and Chairman of Washington Speakers Bureau, today’s foremost authority in the lecture industry. (Here’s a book review I wrote for The New York Public Library.)

Throughout the book, Swain shares the human side of these larger-than-life personalities. One of the themes that he repeatedly sees is, “That we grow up, become our own person, and still, for many of us, the powerful urge to make our parents happy remains.”

It’s only natural that we want our parents to be proud of us, and that was the case with former U.S. Secretary of State Madeleine Albright. She says that her dad, Josef Korbel, “was a remarkable man and the most important influence on [her] life. It was his clearheaded and fair minded character that saw [her] through an unsettled, even tumultuous childhood, and that set a standard [she has] endeavored to live up to ever since.”

Josef was a diplomat who moved to London, as the Czechoslovak government in exile was there after the Nazis invaded Prague. He would walk young Madeleine to school every day before catching a train to work. “As we walked, he would encourage me to do my best in school, and in life, and to always treat people with respect,” recalls Albright.

When the war ended, Josef was made Ambassador to Yugoslavia, and then representative to the United Nations. When the communists took over Czechoslovakia, Josef didn’t want to be a part of that government and went—as a political exile—to teach international relations at the University of Denver.

While in Denver, the family lived in a small and cramped house, and Josef set up a makeshift study in the basement. The problem was that the basement flooded constantly so he “would sit at his desk, working away with his feet up on bricks.” Yet they all laughed about it and took it with equanimity and grace.

Albright recalls that, as a teenager, she was embarrassed by her dad. Josef, being Old World European, tried to fit in his new surroundings in Colorado. Thus, “He took up fishing—wearing a coat and tie. There he was, looking like the very model of a European diplomat—tailored suit, combed back hair, wire-rim glasses, and a pipe—casting his rod.”

Yet every night the family would sit down to dinner together, “and the topic of conversation inevitably turned to foreign affairs,” says Albright. “Although our lives had been nomadic, my parents maintained a consistency that made it all seem normal.”

And it is thanks to all this that the former Secretary of State fell in love with the international arena. As she remembers her father, she says, “Through it all, I’ve felt that my father was with me, perched on my shoulder, still following me around, inspiring me. The volatile politics of Eastern Europe short-circuited his diplomatic career. That has always been on my mind and I hope that in some small way, I’ve made him proud. Being secretary of state is a challenging experience. But I never had any trouble staying focused. I just had to picture my father in his flooded basement study, working away with his feet up on bricks.”

ACTION

TODAY & FUTURE: Go hug your loved ones and tell them how much they mean to you!

Share this post with a father today! You can do so via emailFacebook or Twitter, thank you!

What are you giving up to go up?

Estimated reading time: 3 minutes, 59 seconds.

EntreGurus-Book-Thinking for a Change-John C MaxwellTODAY’S IDEA: What are you giving up to go up?

— From Thinking for a Change: 11 Ways Highly Successful People Approach Life and Work by John C. Maxwell

Leadership guru John C. Maxwell reminisces about his father who used to say, “Find the one thing you do well and don’t do anything else.” Following that guidance has taken Maxwell to the realization that, to do a few things well, he has had to give up many others.

“No one can go to the highest level and remain a generalist,” says Maxwell. And this is so true, especially nowadays, where we are pulled in a myriad directions, spread too thin, multitasking and living with FOMO (Fear Of Missing Out), and expected to know and give an educated opinion on everything from the Syrian refugee crisis, to the new coach of the Real Madrid soccer team, to the latest environmental policy in California.

And while “giving up” sounds like a heavy sacrifice that we must reluctantly make, the truth is that it is not when we reframe it and simply see it as a choice. We already make choices, willingly and happily, anything from Mexican vs. Chinese food to vacationing in one place vs. another.

The same should apply here. Make willing choices and you’ll be able to focus on the one or few things that you do best and that will take you to the top (whatever the definition of top is for you).

Here are some of those choices Maxwell has made. They make a lot of sense and I think they aptly apply to us all.

You can’t know everyone.

Maxwell is outgoing and loves people, so it’s hard for him not to spend time with lots of people. Yet even if you are an introvert, you may be pulled in the direction of getting to know people in your field and attend events. To deal with this, Maxwell has done two things: “First, [he’s] chosen a strong inner circle of people. They not only provide professional help, but they also make life’s journey much more pleasant. Second, [he asks] certain friends to catch [him] up on what’s happening on the lives of other friends.”

You can’t do everything.

“There are only a few exceptional opportunities in any person’s lifetime. That’s why [Maxwell strives] for excellence in a few things rather than a good performance in many.” For instance, he’s an avid reader, yet he doesn’t read novels or any kind of fiction, instead, he’s chosen to dedicate his reading time to nonfiction as those books are the ones that propel the personal and professional growth he desires.

Maxwell also outsources everything he’s not good at, specifically, technical matters, mechanic or electronic. He can’t do it and does not have the knowledge, so he let’s someone who does have it do the job. Easier and faster.

He also works with his team on what he calls the 10-80-10 principle. Even though there are projects that Maxwell would love to do, he delegates them and only becomes involved as follows: he helps “with the first 10 percent by casting vision, laying down parameters, providing resources and giving encouragement.” Then his team work on the middle 80% and he comes in at the end again to “help them take whatever it is the rest of the way” (if he can). He considers this last effort putting the cherry on top.

You can’t go everywhere.

The traveling demands of a conference speaker and author are high, so Maxwell has chosen not to travel as much as he did before.

You can’t be well-rounded.

Being truly focused impedes being ‘”well-rounded.” Maxwell tells people: “ Ninety-nine percent of everything in life I don’t need to know about.” He focuses on the one percent that gives him the highest return. Of the other 99%, his wife and team keep him aware whenever he needs to know, and that’s how he balances his life.

This reminds me of lifestyle design guru, Tim Ferriss, author of The 4-Hour Workweek who doesn’t read or listen to the news. He says: “Most information is time-consuming, negative, irrelevant to your goals, and outside of your influence. I challenge you to look at whatever you read or watched today and tell me that it wasn’t at least two of the four.” Ferriss is another one who has made some choices to be a pioneer in his field.

So, what choices are you making to get to where you want to go?

ACTION

TODAY: Determine what choices you will make today that will take you in the direction of your goals.

FUTURE: Take some time to think about your life and the choices you’ve made so far. What other choices can you make to be focused on reaching your goals?

Know someone who needs to give up a few things to go up? Please share this post via email, Facebook or Twitter, thank you!

Compare well

Estimated reading time: 2 minutes, 40 seconds.

EntreGurus-Book-Habit Changers-MJ RyanTODAY’S IDEA: Compare well

— From: Habit Changers: 81 Game-Changing Mantras to Mindfully Realize Your Goals by M. J. Ryan

We’ve all heard that we should not compare ourselves to others, but it’s impossible not to do it, says, M. J. Ryan, leading expert on change and human fulfillment. “Part of what our prefrontal cortex exists to do is take in information and compare that to conclusions and judgments it has previously made.”

Comparison is a helpful skill that has helped mankind from time immemorial. The problem comes nowadays when we see our full picture, struggles and all, and compare ourselves to someone else’s highlight reel, be it on social media or somewhere else. It’s not a fair comparison: it’s not apples to apples.

“Don’t compare your beginning to someone else’s middle, or your middle to someone else’s end. Don’t compare the start of your second quarter of life to someone else’s third quarter.” ― Tim Hiller (From: Strive: Life is Short, Pursue What Matters)

Ryan says, “We look around, rank ourselves on some invisible scale of achievement and usually find ourselves wanting. There’s always someone who’s done more, made more money, gotten more glory, no matter our age and stage.” It seems like a futile exercise that only creates anxiety and despair, since we will never be as far along as other people against whom we compare ourselves.

However, since our brains are wired to compare, “what we can do about this tendency of our brain… is to be sure we compare well.”

But what exactly does that mean?

According to Ryan, comparing well means, “reminding [yourself] to orient toward the success [you] truly want. […] It will ensure you’re comparing yourself by measurements you truly value.

Ryan recalls a story of one of her clients who was complaining about not being as successful as some of her peers. Ryan taught her to compare well by asking, “What does success look like to you?” To which the client answered immediately, “Being my own boss, having the freedom to do things when and how I want.” Then Ryan asked, “So, when you compare your situation to others given those criteria, what do you notice?” And her client replied, “I’ve already got what I want! I’ve been so busy comparing myself against a yardstick I’m not even interested in that I didn’t even notice the success I’ve created.”

Going forward, since you will compare—because now we know we all do—use Ryan’s insights to compare well. Ask yourself what success looks like to you and what you notice when you compare your situation to others given those criteria. This way, when you compare, there will be no more despair and anxiety. Instead, what you’ll get is an eye-opening experience: gratitude for what you’ve accomplished, self-compassion for what you haven’t done yet, and renewed willingness and motivation to take action on your goals.

ACTION

TODAY & FUTURE: If you are going to compare, compare well. Write down the two questions: “What does success look like to you?” and “So, when you compare your situation to others given those criteria, what do you notice?” Keep them handy and get in the habit of pulling them out when you find yourself making comparisons.

Know someone who would benefit from comparing well? Please share this post via emailFacebook or Twitter, thanks!